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- Oct. 10: No changes.
- Oct. 9: Extend feed coverage. Details below.
- Oct. 8: No changes.
- Oct. 7: No changes.
- Oct. 4: Extend soymeal coverage. Details below.
*Note: Check below daily to see if we recommend catch-up sales for individual markets.
Corn | |
|---|---|
| Cash-only marketers | 2024 crop: 20% sold |
| Hedgers — cash sales | 2024 crop: 20% sold |
| Hedgers — futures/options | No position. |
| Get current with advised sales. Our next sales target is the $4.25 to $4.50 range in December futures. | |
Soybeans | |
| Cash-only marketers | 2024 crop: 20% sold |
| Hedgers — cash sales | 2024 crop: 20% sold |
| Hedgers — futures/options | No position. |
| Get current with advised sales. Our next sales target is $10.75 in November soybean futures. | |
Wheat | |
| Cash-only marketers | 2024-crop: 70% forward sold. 2025-crop: 20% forward sold. |
| Hedgers — cash sales | 2024-crop: 70% forward sold. 2025-crop: 20% forward sold. |
| Hedgers — futures/options | none |
| Get current with advised sales. Our next sales target range is $6.50 to $6.75 in December SRW futures. | |
Cotton | |
| Cash-only marketers | 2024 crop: 25% forward sold for harvest delivery |
| Hedgers — cash sales | 2024 crop: 25% forward sold for harvest delivery |
| Hedgers — futures/options | No position |
| We are targeting 75.00 cents in December futures to advance sales. | |
| Livestock | |
Cattle | |
| 4th qtr. 2024 | 0% |
| 1st qtr. 2025 | 0% |
| 2nd qtr. 2025 | 0% |
| 3rd qtr. 2025 | 0% |
| Fed cattle producers should continue to carry risk in the cash market. | |
Hogs | |
| 4th qtr. 2024 | 0% |
| 1st qtr. 2025 | 0% |
| 2nd qtr. 2025 | 0% |
| 3rd qtr. 2025 | 0% |
| Carry all risk in the cash market but be prepared to add winter hedges. | |
Feed | |
| Corn | |
| 4th qtr. 2024 | 33% |
| 1st qtr. 2025 | 0% |
| 2nd qtr. 2025 | 0% |
| 3rd qtr. 2025 | 0% |
| You should have all corn-for-feed needs covered in the cash market through October. | |
| Meal | |
| 4th qtr. 2024 | 66% |
| 1st qtr. 2025 | 0% |
| 2nd qtr. 2025 | 0% |
| 3rd qtr. 2025 | 0% |
| You should have all soymeal needs covered in the cash market through November. |